Category - Others

Companies to seek Competition Commission approval before Takeovers

Competition watchdog Competition Commission of India (CCI) today said that it will finalize the rules and regulations on merger and acquisition (M&A) provisions by the end of April, a development that would make it mandatory for companies to seek the commission's approval before takeovers. The regulations regarding the forms which are to be applied for… Read More

Tag: Competition Commission

Right to Property is a Constitutional Right: Upholds Supreme Court

A bench of justices G S Singhvi and A K Ganguly said in a judgement that courts should view with "suspicion" the action of the government in acquiring land for private parties in the name of urgency. The Supreme Court today said the right to property is a constitutional right and government cannot deprive a… Read More

Tag: property

Constitution of committee on Lokpal bill challenged in Supreme Court

A group of advocates today moved the Supreme Court challenging the inclusion of five civil society members in a committee to draft the Lokpal Bill. Advocate M L Sharma and others have moved the court contending that inclusion of five civil society members in the committee, which also has five ministers, is constitutionally flawed as… Read More

Tags: anti-graft lawlokpal bill

ICSI enters into MOU with United Stock Exchange of India (USE)

Frequently Asked Questions on ICSI-USE MOU What is United Stock Exchange of India? United Stock Exchange of India Limited (USE) is India™s newest stock exchange and has been promoted by 21 Indian public sector banks, private banks and corporate houses. USE is the trading platform for Currency Futures now.   Who can trade on currency… Read More

Tag: icsi use mou

Comments invited on Revised ICSI Syllabus

India is a vibrant and emerging economy on the global map which has recorded approximately 8.7 percent growth rate in GDP during 2010-11. Indian Economy is being taken to a higher orbit so as to attain the developed nation status by 2020 which is hardly a decade away. Indian businesses- particularly corporate professionals   such as Company… Read More

Tag: ICSI

Law to get stricter under amended Benami Transactions (Prohibition) Act

Benami transaction means any transaction in which property is transferred to one person for a consideration paid or provided by another person for  property of any kind, whether movable or immovable, tangible or intangible, and includes any right or interest in such property. Benami buys means buying properties in the name of a person who doesn't pay for… Read More

Tag: benami

CJI cautions Judges to exercise self restraint

Chief Justice S H Kapadia cautioned the judges today against taking over the functions of the legislature. Kapadia maintained that the judiciary should exercise self-restraint and respect segregation of responsibilities between the Executive and the Judiciary. "We must refuse to sit as a super-legislature to weigh the wisdom of legislation. We must remember that our Constitution… Read More

Govt. declined to disclose the name of persons having black money in foreign banks

The Centre on Friday declined before the Supreme Court to make public names of the people who have stashed black money in foreign banks. It informed that it is not possible to disclose information received from foreign governments under the Double Taxation Avoidance Agreement (DTAT). The Centre, however, agreed to reveal the names of six… Read More

Committee for Lokpal Bill

Days before the Joint Drafting Committee meets for the first time to prepare a stronger Lokpal Bill, government today said members should come with an open mind and refrain from drawing lines beyond which they would not retreat. "What is happening with this Committee is before the Committee meets, everybody is giving their point of… Read More

Tag: anti-graft law

Limitation period for setting aside Arbitral Award

Setting aside arbitral award Limitation for making an application for - Is period of limitation to be reckoned from the date a copy of award is received by the objector or from the date a signed copy is delivered by arbitrator Section 34  The period of limitation for filing an application under section 34 for setting… Read More

Tag: Arbitration

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